Post
Topic
Board Economics
Re: Saving is not enough
by
dunfida
on 23/05/2025, 18:33:39 UTC
Unless you want to keep working until the day you die then it will not be enough.
If you don't save, there's no possibility that you will be able to invest. It's that simple. Everything doesn't look perfect from start and this is the reason why starting off with savings is quite a better way to start.

Also, we have to establish the fact that it's not by who earns the most that is going to have that ability of saving or investing more. Savings and investing involved an high level of discipline regardless the amount of money you're earning. Remember that humans wants are  insatiable and with more money comes the thought that one should fix a lot of wants. If you're not the type that is able to keep all his wants under subjection because of your plan to saving, you might earn the highest amount of money in the room but be the least if them that saves me invest most. Untill you actually starts investing, you will never understand the discipline that's required to be a fruitful investor.

Yes, this is indeed true on which whenever you do have that plans on trying out to make up some investment or having a business then of course this is where you would be really be that getting your capital on which it do came from with your savings account and thats why its important that you should be that considering on getting one if you do have the chance or trying out to save as much as possible. The only problem with some people is that they are accumulating or saving up money and dont make it that move or making use in other aspects like on investment or business on which it do turned out that it will be that too waste of opportunity if ever you would be having that kind of behavior. Well, we do have our own approach because not all will be risks takers and thats why they do save up their fiat as much as possible and wont mind much about when it comes to the possible inflation that affects out that purchasing power with their fiat.

As long they could be able to save up money into their banks ans seeing those numbers that rising up then this what matter the most. In overall then we do know on how savings works and if you arent that mindful on having such savings then this isnt that only pertaining on getting some investment/business funds but also this could serve out to be your emergency or back up plans or funding whenever you are at trouble. There's soo much usage when it comes into overall if we do speak about savings but since we are talking about the potential of it on these kind of moments or conditions then it could that give out that kind of situation on which you can be saved on with this one.